Hi Ravindra,
The benefits are manyfold.
1. You can easily track the development cycle of a product right from its concept development to its productionization.
2. Many development centres are outsourced in recent times, so in absence of R/3 installation the data can be well created, maintained and utilized through PLM portal.
3. Seamless integration of ERP and PLM, taking it upto SCM.
4. Reduced dependency on other stakeholders creating the same data with different access.
Hope this answers your query.
Regards,
Nishit
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